Commercial for Sale: 838-842 Saratoga, Boston, MA 02128

$2,400,000
$2,400,000
838-842 Saratoga, Boston, MA 02128
$2,400,000
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Price:
$2,400,000
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Type Commercial
Year Built 1956
City Boston
County Suffolk
MLS 73280903
Status Pending
DOM 42 days
Prime investment opportunity in East Boston! This portfolio includes two three-unit buildings, sold together or separate, each with separate utilities, ensuring ease of management. The property features ample parking with space for 8 cars, a rare find in the area, and is not located in a flood zone, providing peace of mind. All tenants are tenants at will, offering unparalleled flexibility for rent adjustments and renovations. Significant upside potential exists by aligning current below-market rents with fair market rates. Located in a rezoned area under Plan East Boston, the properties allow for increased density and future construction projects, presenting a valuable opportunity for future development. These buildings are conveniently situated just a short walk from both the Wood Island and Orient Heights Blue Line stations, offering quick access to downtown Boston. With strategic improvements, investors can force equity and significantly enhance property value.

Lot & Building Features

Tax Year 2024
Roof Rubber

Price History of 838-842 Saratoga

Date Name Price Difference
08/22/2024 Listing Price $2,400,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Terri Brunette
Direct: 603-964-7000
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Reference Real Estate, The Reference Group
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838-842 Saratoga (MLS #73280903) is a commercial listing located in Boston, MA. This property was listed on 08/22/2024 and has been priced for sale at $2,400,000.

Nearby zip codes are 02012, 02125, 02150, 02151 and 02182. This property neighbors other cities such as Chelsea, Revere and Winthrop.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Reference Real Estate

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.